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with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and ....
there was not a rate cut this year there was not a rate cut this year nor there was not a rate cut this year nor is there was not a rate cut this year nor is it likely to be appropriate if you think about it. inflation has not moved down it. inflation has not moved down and it is not reacted much to our down and it is not reacted much to our interview existing rate hikes to our interview existing rate hikes so to our interview existing rate hikes so we have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices and follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants. earlier, i spoke with blerina u ....
case and what the and he was there was a and they also settled a russian tanker that in karachi on sunday and that is packet study perspective they can get hold of any oil and if they don t have to pay in us dollars that is welcome. of course it is controversial because western countries have imposed sanctions on russia for its invasion of ukraine, so it all oil exports have been restricted. they have announced a price cap of $60 a barrel. pakistan has been negotiating with russia for months to get discounted oil. a short while ago the petroleum minister said that they are going to pay in the chinese currency. that is again a benefit to pakistan because foreign exchange reserves have dropped below $4 billion and now they are looking for ways to pay. this all against a pretty weak economic picture for pakistan. it is facing a lot of economic trouble and therefore it needs this cheap energy. at the same time i wonder what needs to be done to try and set the economy back o ....
one weekend in march, and now we ll see two cultures colliding. there are likely to be manyjob losses, staff will be bracing for those. however, as you say, the boss of ubs has said, look, we have a lot of opportunities here as well, and of course it does mean that ubs is able to access key markets in wealth management that it would have taken years to do had it not taken over credit suisse. and of course the deal reached with the swiss government effectively for the government to back around $10 billion of losses that it could see when it sells of chunks of credit suisse s business, will have helped sweeten this deal. it is going to have a fight on its hand but arguably, credit suisse s footprint does mean that that is probably going to be easier to at leastjoin the fight now that it has all of these assets under management and of course, has already established partnerships around the world. so certainly that will be the ambition. it s a big ambition. i don t think ne ....
Four brothers, a jazz band, therefore men who were on that ship, empire windrush, coming over in 1948. and for its managing director at the black cultural archives it s important for us to recognise the impact that people who came from different countries, from the commonwealth, who saw the uk as home and contributed to the fabric of the united kingdom, whether it s economically, culturally, politically or otherwise, and if there s any part of society that people from the windrush generation haven t positively impacted, the uk that we know today wouldn t be the same without them. for more stories from across the uk, head to the bbc news website. hey, i m zoff with the catch up tonight. cocaine in surfboards, hay fever, surges and platypus. chaos. but first, the families of two students who were killed in nottingham have come together at a huge vigil on their uni campus. ....